Traverse Legal Blog

OCTOBER 20, 2022

Whether you are looking to make your own non fungible token to sell or you’re looking to buy an NFT as an investment, you need to be aware of copyright and trademark laws that might apply to your NFT. Trademark rights can be even more confusing to navigate in the world of NFTs. What is a Non Fungible Token?

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LexBlog IP

JANUARY 20, 2022

NFT’s (Non-fungible tokens) are all the rage lately and this area of law is just beginning to develop. NFT’s are often represented by digital artwork, photos, audio and even video. To continue reading, click: NFT Trademark Lawsuit Over Fashion Bags Heads To Federal Court.

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IP Law 360

FEBRUARY 26, 2024

The creator of the MetaBirkins non-fungible token collection has told the Second Circuit that his use of the iconic Hermès bag's name and likeness was relevant to his artwork but said the New York court misapplied the test of whether it was protected speech when it found that the digital assets infringed on the fashion house's trademarks.

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Intepat

DECEMBER 5, 2024

Another layer of complexity arises from the unique characteristics of non-fungible tokens (NFTs), which have become the metaverses digital asset backbone. While NFTs verify the ownership of a digital item, they do not inherently transfer copyright to the buyer.

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IP Tech Blog

MARCH 18, 2022

Intellectual property owners need to add the metaverse to places to watch for possible infringement, specifically, trademark or copyright infringement in the form of NFTs or non-fungible tokens. NFTs are unique tokens based on blockchain technology and used as digital assets. NFTs also may embody or use trademarks.

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The IPKat

JUNE 27, 2022

A digital file (an artwork, a song, etc.), The only thing that an NFT can certify is that a specific non-fungible token, containing a specific digital file linked to it, has been created with a unique transaction (having its own timestamp) by an identified blockchain address (i.e.

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IP and Legal Filings

OCTOBER 28, 2022

Non-fungible tokens (“NFTs”) continue to be popular. Trademark: NFTs may also be protected as a trademark. Article 1(1) of Indonesia’s Trademark Law defines trademark. Copyright: NFTs are closely related to artworks that are the subject to copyright and related rights protection.

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IP and Legal Filings

MAY 24, 2024

The verdict is testimony to a paradigm shift in Trademark Protection and a watershed judgement in navigating the scuffle between the rights of two sections- the commercial rights of ‘business class’ and freedom of expression vested with the ‘artists and creators’. The nine-person jury made two important observations.

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LexBlog IP

MARCH 18, 2022

Intellectual property owners need to add the metaverse to places to watch for possible infringement, specifically, trademark or copyright infringement in the form of NFTs or non-fungible tokens. NFTs are unique tokens based on blockchain technology and used as digital assets. NFTs also may embody or use trademarks.

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IP Tech Blog

JANUARY 4, 2023

The emergence of blockchain-supported Non-Fungible Tokens (NFTs) has captured the interest of the entertainment and business worlds in the past couple of years. Can other IP rights like trademarks play a role in protecting NFTs? Use in commerce and distinctiveness are two basic requirements to obtain trademark protection.

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Fish & Richardson Trademark & Copyright Thoughts

JUNE 16, 2022

Principal Cynthia Walden and Associate Sarah Kelleher discuss the non-fungible token (NFT) trend across the fashion industry and what this digital arena means for trademark protection and enforcement. Selling the Intangible in Fashion: What Does it Mean for Trademark Protection? PDF copy available.

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LexBlog IP

JULY 13, 2021

What is the difference between “fungible” and “non-fungible”? Like a Bitcoin or Dogecoin, a Non-Fungible Token (NFT) is a digital asset that has been certified as authentic on a Blockchain ledger. Because NFTs are often digital artworks, it helps to think in terms of art.

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IIPRD

JUNE 9, 2024

When we talk about IPR in the metaverse various types of Intellectual Properties come into the picture, for example, copyrights, patents, and trademarks. Trademarks A Trademark can be a mark, symbol, design, color, combination of colors, shapes, etc. that identifies a product or a service that is distinguishable by a common man.

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Corsearch

NOVEMBER 15, 2022

A non-fungible token, also known as NFT, is a one-of-a-kind digital item stored on a public digital ledger (a blockchain), which provides a certificate of ownership to a particular individual². Infringers have swiftly automated NFT minting, using copyrighted imagery and trademarks without any authorization from brand owners.

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LexBlog IP

SEPTEMBER 15, 2022

Indeed, the directors of the US Patent and Trademark Office and US Copyright Office are in the process of conducting a joint study to untangle the various interests at play, having promised Sens. Thom Tillis and Patrick Leahy they will deliver findings by June 2023.

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IIPRD

FEBRUARY 25, 2022

But in this sphere of metaverse and blockchain currencies, the Ethereum blockchain has gained skyrocketing popularity with the evolution of Non-Fungible Tokens. Moreover, a mere collage of an artwork “Everydays – The First 5000 Days” made by him was sold for $69.3mnin an auction.

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IIPRD

AUGUST 4, 2022

Trademarks. The easiest method to accomplish this is to register a trademark. Trademarks encompass Instagram handles, YouTube channels, and user names on numerous social media sites. To protect them, find online trademark registrations, logos, slogans, tags, series names, and their distinctive hashtags.

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LexBlog IP

MARCH 16, 2023

We have previously discussed the thorny intellectual property implications of non-fungible tokens (“NFTs”), units of data stored on a blockchain that signify ownership of a unique digital media item. This issue recently came to a head in a 64-page federal court decision in Friel v.

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LexBlog IP

APRIL 13, 2022

As previously reported on this blog , non-fungible tokens (or “NFTs”) recently emerged as one of the hottest new items on the art market—artists, auction houses, museums, sports organizations and others have jumped at the chance to create and sell their own versions of these unique tokens. Damon Dash. Miramax LLC v.

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LexBlog IP

JANUARY 4, 2023

The emergence of blockchain-supported Non-Fungible Tokens (NFTs) has captured the interest of the entertainment and business worlds in the past couple of years. Can other IP rights like trademarks play a role in protecting NFTs? Use in commerce and distinctiveness are two basic requirements to obtain trademark protection.

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JIPEL Copyright Blog

MARCH 29, 2022

NFT stands for Non-Fungible Token and an NFT is a unique digital asset. The non-fungible nature of the asset means that it is non-interchangeable and the metadata attributed to each NFT is distinctive such that it may be used to verify the inimitability of a given asset. What are NFTs?

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SpicyIP

MAY 18, 2022

Trademarks and the Metaverse: Imaginary Rights or Real Wrongs? World over companies are rushing to protect their trademarks in the online, virtual environment – the metaverse. In the US too, several companies are protecting their trademarks for similar goods and services. Aparajita Lath. Image from here. Application date.

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The IPKat

JULY 14, 2022

A comment to the EUIPO Guidance on NFTs by Paolo Maria Gangi As The IPKat reported a few days ago here , the European Intellectual Property Office (EUIPO) has recently released some guidance notes on its approach to the classification of non-fungible tokens (NFTs).

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IP and Legal Filings

SEPTEMBER 8, 2021

Apart from this, Non-Fungible Tokens, the brainchild of Kevin McCoy and Anil Dash, is a unit of data stored in a digital ledger that certifies that the digital asset is unique and is hence non-interchangeable. NFTs may be represented in the form of memes, artworks, or videos.

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IIPRD

JANUARY 18, 2022

Recently, a new trend of merging of blockchain technology with creative intellectual property via non-fungible tokens (“NFTs”) had taken place. The idea has spread across all market sectors, and now luxury fashion retailers have joined the tokenization bandwagon. Introduction. What are NFTs?

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Kluwer Copyright Blog

JULY 20, 2022

The last couple of years has seen the emergence of Non-Fungible Tokens (NFTs) as an important medium for the creation, sale and collection of art, with numerous instances of big money purchases of NFTs. Image by Riki32 via Pixabay. The communication to the public right.

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Intepat

OCTOBER 28, 2024

Among these virtual assets are NFTs (Non-Fungible Tokens), which can be described as real-world items transformed into digital tokens that can be traded in virtual marketplaces. NFTs are unique digital tokens that represent ownership of specific digital assets. Income generated through NFTs is taxed at 30%.

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Intepat

DECEMBER 12, 2024

Introduction Valuing intellectual property has long been essential for determining the economic worth of intangible assets, such as patents, trademarks, copyrights, and trade secrets. The rise of digital assets and Non-Fungible Tokens (NFTs) adds new dimensions to the field of IP valuation.

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